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EU anti-trust watchdog imposes big cartel fines

The European Union's anti-trust watchdog is sounding the warning to business cartels by announcing fines totaling more than half a billion euros ($600 million) in three anti-trust cases.

Ram truck recall affects 229,000 vehicles

Fiat Chrysler is recalling about 229,000 Ram trucks, mostly in North America, because they can be shifted out of park without a key in the ignition or a foot on the brake.

Volkswagen has record January on strong China sales

Automaker Volkswagen says it had its best January sales on record, with a 10 percent jump over a year ago thanks to rebounds in Brazil and Russia on top of a continuing strong performance in China.

GM to shut South Korean plant, more cuts could follow

General Motors said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia's fourth-biggest economy.